Which of the following is the most appropriate term to use when describing management's duty to its shareholders?

a. Official duty
b. Legal duty
c. Fiduciary duty
d. Statutory duty


c

Business

You might also like to view...

A company's management information system is a subsystem of its accounting information system

Indicate whether the statement is true or false

Business

All of the statements below are ways in which the researcher can encourage respondents to provide information they are unwilling to give except ________

A) preface the question with a statement that the behavior of interest is common B) provide response categories rather than asking for specific figures C) use randomized techniques D) all of the above

Business

Strategic planning for a large firm such as Disney with several SBUs probably occurs ________

A) only in its corporate headquarters B) only at the individual business unit level C) at both the overall corporate level and at the individual SBU level D) as needed based upon the success of the division E) at the location best suited for this function based upon findings of the SWOT analysis

Business

With rulemaking, the agency must publish a notice of proposed rulemaking, normally in the Federal ____

Fill in the blanks with correct word

Business